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Interpretation Of The Latest Policy Of Continuous Optimization Of The Overseas Trade And Investment Environment In Cambodia

Interpretation Of The Latest Policy Of Continuous Optimization Of The Overseas Trade And Investment Environment In Cambodia

Interpretation Of The Latest Policy Of Continuous Optimization Of The Overseas Trade And Investment Environment In Cambodia

This land not only has 90 kilometers of high-quality coastline, but also contains the world's second largest mangrove protected area, which provides a good foundation for ecological tourism and environmental protection projects. In terms of investment guarantee, the Cambodian government has paid great attention and support to the Qixinghai project. In summary

In recent years, Cambodia's Seven Star Sea has attracted the attention of global investors as a benchmark project of the "Belt and Road" initiative. Located in the Qixinghai Province of Cambodia, with its superior geographical location and rich natural resources, it has become an important hub for the South Asia, Southeast Asia and ASEAN trade markets. This article will provide an in-depth interpretation of the latest policy changes in Qixinghai’s investment environment and its impact.

First of all, from a geographical perspective, the Qixinghai is located on the southwest coast of Cambodia and is distributed in an L-shaped manner along the Gulf of Thailand, covering an area of ​​360 square kilometers, of which the construction area is 234 square kilometers. This land not only has 90 kilometers of high-quality coastline, but also contains the world's second largest mangrove protected area, which provides a good foundation for ecological tourism and environmental protection projects. Since the development agreement signed with the Cambodian government in 2008, the Qixinghai project has been continuously developed and improved, and was included in the Belt and Road Initiative in September 2015.

Cambodia's Seven Star Sea Belt and Road Belt and Road Investment Policy_Cambodia's Seven Star Sea Investment Policy_Cambodia's Seven Star Sea Belt and Road Project Advantages

In terms of investment guarantee, the Cambodian government has paid great attention and support to the Qixinghai project. The special committee led by Secretary-General of the National Development Council Sojinda provides investors with one-stop services and preferential policies. These policies include land use rights for 99 years, rapid approval of green channels, long-term visas, and QIP qualifications. In addition, investors can obtain an entertainment business license of 99 years and enjoy regional monopoly rights. In terms of taxation, imported materials and equipment for qualified investment projects are exempt from taxes, and the import and export license system is abolished to allow foreign exchange funds to enter and exit freely.

In addition, Qixinghai also performed outstandingly in its trade advantages. Products that comply with the rules of origin can enjoy ASEAN tariff preferences, while almost all products (except arms) enjoy the preferential treatment of the European and American system, i.e. zero tariff exports. At the same time, there is no local minimum content requirement for export products, which greatly reduces the operating costs of enterprises.

Judging from the supporting facilities, Qixinghai has built a series of infrastructure including large terminals, international comprehensive airports, high-grade highways, etc. These facilities not only improve the convenience of transportation in the region, but also provide investors with more complete service support. In addition, the "Open Sky" policy allows direct flights from foreign flights, providing convenient conditions for international business travel activities.

It is worth mentioning that in terms of culture and public security, Qixinghai also has significant advantages. Due to the high Chinese usage rate and the huge Chinese economic circle, the investment environment for China is extremely friendly. In addition, the local security is good, providing a safe and stable operating environment for foreign-funded enterprises.

In the future planning, Qixinghai is committed to building a modern digital city integrating "smart, ecology, environmental protection, security, green and technology". Through the development concept of smart cities, an intelligent ecosystem will be built in the fields of energy, transportation, medical care, etc. At the same time, with the concept of "world characteristic town", it will be built into a global coastal tourism and vacation destination.

To sum up, through a series of policy optimization and infrastructure construction, Cambodia's Seven Star Sea is constantly improving its competitiveness in the international market. This not only provides broad development opportunities for global investors, but also promotes the development of the local economy and tourism industry. In the future, we have reason to believe that under the guidance of the "Belt and Road" initiative, Qixinghai will continue to leverage its unique advantages and inject new vitality into regional economic cooperation.

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